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tv   Mad Money  CNBC  February 26, 2015 6:00pm-7:01pm EST

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diabolical. >> facebook! see that little move facebook's had recently? it's pushing back towards 85. >> i'm melissa lee. thanks for watching. see you back here tomorrow again at 5:00 for more "fast money." do not go anywhere. "mad money" with jim cramer starts right now. my mission is simple to make you money. i'm here to level the playing field for all investors. there is always homework and i promise to help you find it. "mad money" starts now. i'm cramer welcome to "mad money." welcome to cramerica. my job is not to entertain but teach and coach you so-call me at 800-743-cnbc or tweet me @jim cramer this morning, this morning i woke up on the wrong side of the bed. i just felt like being negative. so i decided right then and
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there, literally that i was going to put a gloomy spin on everything i read and heard about the market. a market where the s&p declined and let me tell you something, staying negative on this market was tough literally from the moment i climbed on the elliptical for the 4:30 a.m. workout after some nasty tweeting and i turned on the tv and what do i see? well immediately i was greeted with a report of bond rates. 1.38% and italian ten-year 1.4%. they are record lows. in other words you hardly make any money buying bonds over there. those levels may not mean anything and i don't talk about europe but listen up, november of 2011 both countries were having liquidity crisis.
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the banks that owned the solve earn debt was teethings on the brinks. and in just a couple maybe five days with a single data climb of 400 point when is the data in italy's bonds broke through 7%. huge bets were being made these countries with portugal and ireland would default. fast forward from today with the others hitting historic interest rate lows and ireland is doing well incredibly fast growth. so we have a situation that's the polar opposite of something that caused our markets to get crushed. isn't it there for a simple deduction to conclude europe should push stocks higher considering that so many stocks over better yields from their dividends than bonds? it stands to reason. then we get numbers, the urozone.
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i got to tell you, they confirm my recent green shoots therapy. much better lending numbers, money is being put to work and consumer confidence is hitting an eight-year high. europe's household spending, the numbers are improving. it's clearly a turning point and brought us. we should go higher, the good news it was really hard to be negative after processing the news because i knew how bad things had been and how i used to dread getting up to receive my daily dose of tidings from europe. i don't care if this is good news because of some central bank plan or providence. it's like the nfl, guys a win is a win. never look through a w, just win, baby. speaking of european wins no
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sooner do i shift my focus to america and see not one but two huge deals involving european companies. that's the old -- yeah on i-95. that's a spanish utility then we got the merging that's a cool medical device company and put aside the irony of two companies from what not long ago were considered to be failed states making big deals here. the transaction in particular creates another devise, sleepy utility utility. for a yield and rallies 10%. this on top of evago said it's buying erksz m buying emulex. jumps 15% thanks to the
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combination combination. the earnings ignited other cramer favorites notably sky works solutions. meanwhile china catches my eye, too. there is a freight index that does a great job of measuring inport and export activity. just you can't even look at it except for the last three days. yeah, today is the third day this freight index rallied. small rowpotatoes and chinese stimulus and did catch a 2% rally. so europe good china good. it's tough to be negative. you know, i left last night on a high note that came from the bullish quarter reported. the fastest enterprise to hit $5 billion in sales. that was terrific news, but i was gloomy. negative state of mind. would it fade in the morning's glare? no. price targets boost seven, seven price targets allowing the tech
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rally to continue, facebook, twitter, google along joined by fellow travelers, zillow yelp and linked in. this market has an october characteristic. i want to see them come back to life. when you thought they were do not disturb sign was removed from johnson & johnson store. stock climbing more than $1.50. something going on there. the whole group coming into favor and if not once for left mcdonalds has to be precious in something, maybe better than ex many spect expects numbers. all right. so okay i know that everything is shine and rainbows and ibm held a huge meeting where it laid out plans to grow the 27% of the business to social mobile, analytical cloud, up
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40% terrific. does the fast-mover segment reach 40% because the rest of the pie shrinking. is it a problem. warren buffet is happy. we don't have to wait too long because quick checks in after the annual letter comes out. maybe he like what is he heard from ibm. i know most people didn't. two of my favorite rocket ship stocks looked like they had to abort lunches, popeyes delivered but gave cloudy difficult to understand lookouts. i'm not sure the markets on these two will last. before i let that drag me down, i took it that oil is good or bad for the u.s. not afterthe
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ceos. oil decline is fabulous for america. the tax cut for the american people and business while cutting dead weight, energy expenses often the highest expenses they have needs to stay down here. there can be no black sliding. oil cannot rally. oil has to stay down to keep this economy on an upward slope and it looks like it's happening. yeah, the oil stocks are hammered and related to that and then just when you thought there could be no more good news i'm tired, my foot hurts, i have a torn tendon not torn but it is okay. i was down. then when do i see? i see monster beverage spunk and report phenomenon l numbers. we got to rewrite the top. i'm going to a charity event
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with her later tonight. next thing i know, i think the first one monster could reignite the the package a. quarter. don't forget people drinks those when they go to 7 believene believe -- eleven and let me give you my bottom line. yes, indeed i may have woken up on the wrong side of the bed this morning. i wanted to kick the dogs and the averages may have come down a bit after a tremendous record-breaking run but i'm a happy camper with the market. no matter how hard i try to embrace the gloom, i can't deny the evidence of my eyes and what i see is positive not negative no matter how hard i might try to spin it the other way. >> hey, mike in connecticut. >> caller: hey jim. i saw your spot on mastercard the other day.
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>> good, huh, under armor and mastercard? >> caller: yeah, i'm not a big technical guy but i want to hear about it and understand it. >> you and me both. what matters as we default through this show but the technicals did prove a mastercard breakout and this under armor, 85 net stock. how can i help you? >> caller: related to mastercard, i have to be doing some research on, i guess, a peer you might see. discover financial, we had a bit of a dip after the call in q 4. >> yeah. >> caller: jim they are a three-bagger and up over 300% and when you look at the real peers like amex and capital one up 100%. >>disagree. aj at mastercard are brilliant. they are brilliant and by the way, they are humble. and that's why those go on.
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you know who we ought to speak to? tim in new york, tim? >> caller: jim, how you doing? >> couldn't -- >> caller: i want to know your thoughts on blackberry and the possibility of a takeover? >> we don't recommend stocks on a black over, only if the fundamentals are good. some will say -- listen knuckle head if you want to go speculate on takeoverers, be the chatter head of the year. i don't care. hey, how about pamela in maryland, pamela? >> caller: yeah, boo-yah jim, thank you for taking my call. >> my pleasure. >> caller: i have a call about ambercrombie and fitch. >> i look at the morgan stanley negative piece, the sell. look, that teenage apparel is a tough, tough game. no one can play it well. when we want apparel, we're
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going to ross stores today. that looks good. ross stores is a favorite, tjx that dip was moe men tarry. that's where you buy that stuff. michael no new york michael? >> caller: my name is michael and i would like to give you a nice big boo-yah. >> fantastic. take some mompolls with me. what is going on? >> caller: three mountain coffee rosters. >> that stock bottomed. i know they have the corner from haiti. here it goes slow step by step inch by inch green mountain comes back. that said we're in a monster beverage mode of those two coca-cola is more likely to buy monster. green mountain good but monster, monster, as much as i try, as much as i want to be negative and angry and gloomy i couldn't stay that way. there is too much good news.
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on "mad money" tonight, it cleans up everything and the stock is over 15% -- maybe not lamas, it's over 15% this year alone. i got the ceo and oil is nearly half the price but fears have yet to hit the patch. is the worst yet to come or did we dodge a bullet? don't miss my take. what is the best biotech? more than double over the past year. i'll put the stock under the microscope. you do not want to miss that. trust me. you know what? stick with cramer.
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looks like clean harbor may have the mojo back. the largest dispose company in north america.
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2/3rds of the commercial capacity, a quarter of the landfill capacity. the company play as major role but the main business really involves helping kirdirty industry industries clean up so they can compile with regulations. now clean harbor had a rough year in 2014 but the stock has been roaring. first management announced a major transformation initiative. clean harbor spin off the oil and gas field service business with the energy focus lodge and business as a separately traded company. the company plans to increase the focus on growing recycling that picked up with the safety clean. then yesterday morning clean harbor reported blow monster 14% higher than expected revenues courtesy of the technical services industrial and field and that outweighed the weaknesses in oil and gas and lonldging and management and full year guidance which explains why the stock raylied
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2% yesterday. let's take a closer look with the founder, chairman ceo as we head into his company's 35th year anniversary next month tonight hear more, welcome back to "mad money". >> great being with you, jim, thanks for having me. >> absolutely. the one thing that stood out, i'll talk about the different reorganization you're doing but landfill business a quarterly record largest quarterly in history, increase of 40%, how much of that is new customers and how much is that the country is doing better? >> certainly the droincountry is doing better but we did a good job of penetrating oil and gas plays that have been strong with the recent lay downs, some drill rigs we saw nice volume particularly in the california landfill, our north dakota landfill, our alberta landfill. so we've seen some really nice volumes and done a nice job on the sales side. >> but maybe we shouldn't extrapolate the number because
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of where those locations were mentioned because north dakota is down substantially year over year. >> absolutely. but, you know we service a broad region there and as much as the rig count might be down, we're seeing good volumes of drill cuttings and our control packages in the u.s. is strong. we have over 50 packages still out, which is consistent with where we were a year ago. we believe we've gained share even though some rigs have laid down. >> let's talk about the hazardous things you do. one thing was the train wreck where the train was going at the speed limit. we sent a lot of oil all over the north america via train. is this unfortunately a lot of business waiting to happen for clean harbors? >> we see a huge volume of oil moving by rail and participating in a lot of vents in that area. you have heard recent
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high-profile events most recently because of the volatility of some of the crude oil that they are carrying but we're really hopeful that we'll see more pipelines and more investment put in the infrastructure to carry the oil a safer way. >> i wish people would listen to you. it's so cut and dry. you know more what causes accidents than the accidents themselves. they pay you now instead of you pay them? can you really pull that off? >> well if you look over the last 20 years in the waste oil collection business it's hazardous waste increases and you can start paying for it but as it comes down like it has in the last six months we have to go back to charging for oil and making sure that we maintain an adequate spread and safety clean really has an advantage because it has the rerefineries and ability to take that oil,
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recycle it and put it back into the market as a green broadproduct. so we think we have an advantage to offer the customers a good solution for waste. we have to charge for it. >> you're spinning off a wiz that was a boom business and it's not a boom business anymore. i'll call it a bust business. why would -- and the new clean harbors will be the better for it. why would anyone want a piece in that really oil oil service business given the oil seems to have a hard time staying above 50? >> you know, we have a wonderful business in our oil and gas field service business. it really does everything from the initial seismic work to supporting drilling and fracking activities to the production and the down hole service side of the business. so really everything around that drilling rig including the seismic work we do and it's a really nice business. it's good good margins, great growth potential.
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it's certainly in a downturn because of crude and natural gas but that is a business that will continue to grow. as we accusations, it makes stoens look at the pillar and give it a life of its own to raise capital and grow because it's a very capital intensive business but i see a great future for that business. i really do and a very strong demand for it in the future. >> that's what leads me to ask, you have a great balance sheet. are you going to give that spin off some money? >> well, we will probably get some money from that initial spin off and lever that business up a little bit as we carve that business out and, you know, certainly we'll look at redeploying that capital back into acquisitions or our capital spending or, you know share buy back as we have announced this past year. we've executed on all three of those strategies but we really would look at you know
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continuing to be a significant owner of that business. >> okay. so therefore i'm not worried about capization structure even if it gives you money on the spinout. >> absolutely. >> that's what matters because one that can last through this period can own this business but it's got to be able to last. others aren't lasting. that's great to talk to you. chairman and ceo of clean harbors. good to see you. thank you for coming back. >> great, thanks, jim. thanks for having us. guys, the new clean harbors will be a pure clean harbors i will get behind. it's obvious business is on the right track. good to have him back on the show. "mad money" is back after the break. >> coming up rough patch? the price of crude is cut in half but even some of the fragile domestic players are pumping out profit. are they handling the slide month better than expected or is wide spread pain still waving in
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the wings. cramer is drilling deeper.
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i keep waiting for some sign that the crushing of the oil renaissance is going to crush the u.s. economy. i keep waiting for the moment when the $250 billion in junk bonds floated by oil companies
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to the top of the market brings the junk bond to its knees. i keep anticipating that texas will take a nosedive bringing down a big chunk of the nation's banking system with it as we're conditioned from previous oil crashes. after all, isn't it only a matter of time before the eye is too big for the bank account oil men go belly uptaking tens of thousands of jobs off the table and the recklessness and entering boom cities into ghost towns? the bust just hasn't occurred. it's the most widely telegraphed crash in history, down $3. widely telegraphed but the ripple effects sitmply aren't that visible in the epicenters that thrived so much. take the most recent data points. a shrew of earnings just today and while many were indeed disappointing, the vast majority are still making good money. they were not about to go belly
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up. they can't make as much as they used to. earnings and almost all had plenty of borrowing capacity. of course if oil stays down at these levels until 2016 things will get tougher. but the drilling costs are filling so fast and in many cases, 25% from where they were a few months ago. most oil companies have enough high grade properties that 2015 will not be the horrendous year that so many people expect. oil won't go up but they will not get crushed, however, it's not just the oil companies that haven't felt the bite. we interviewed the terrific ceo for la quinta. 35% of his business is in texas. as much as they benefit from travel and lower energy bills for the company, the latter a huge part. while acknowledging he seen a downturn in midland, odessa victoria and quote a little softness in houston, end quote. made up by strong business in dallas san antonio and austin.
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take toll brothers the other day, our sales per community this quarter in houston were stronger than this time last year. further the company said i quote again, in several houston master plans under contract to sell about 400 lots to third party builders, not one builder stepped away from their commitments, not one. just like la quinta he said oil prices were a clear positive. it's a net positive but clear. some large companies will get hit hard that way the rosetta resources. but there seems to be in liquidity questions. that's what matters. anyway, so much private equity money and so many well-capitalized oil companies i'm thinking about the 21 million shares noble energy shared or the 22 million shares new field aspiration filed that there is plenty of question.
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they are bad stocks but not bankrupt companies of course the drillings are hurgt. day rates are slashed in some cases the def tends are being slashed with them like the hideous 80% cut that einsco announced. they are still making money and i'm sure smaller community banks will be hurt but larger banks it's prenational bank system and those in the state aren't doing that badly. overall considering the huge decline in oil prices and the sudden decline, we haven't seen much real pain and given the hedges, the stronger than expected balance sheets the laerger than expected loan capacity and the ease they can throttle back maybe, just maybe we won't add least compared to the stunning positives that the price cut at the pump is giving individuals and businesses nationwide. rick in arizona, rick? >> caller: hey, good day, jim and thanks for taking my call. >> of course. hey, jim, this question may have been more proactive about three weeks ago when a gallon of gas
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was somewhat lower however, given the current price of gas and its questionable direction, what is your opinion of the vacation leisure amazement park cruise sections going forward as people may have some expendable cash this summer, notably -- >> keep it simple. i like to keep it simple. why? because six flags is my play. we like the management and dividend and we like the pro pryer priory movement. let's go to carl in mississippi, carl? >> caller: boo, ya jim. my question is about sea drill. i notice it's been pretty volatile and with the $1 billion capital order to move from the bank loan should i sell or buy more? >> i don't want people to buy transocean, ensco and i remember the days of '82 and '84 and a
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lot of companies went under and had to recapitalize and recapitalize. that's the riskiest part of the business. we would rather have a stable dividend payer than the risky part. >> we haven't seen that much pain and it's been almost five months and you know what? i'm thinking maybe we won't. much more "mad money" ahead including my exclusive with a bee biotech. should you get a dose? the market has ups and downs but i'll help you dominate any landscape when i help you play yes, i am diversified and we'll melt some snow with the lama edition of the lightning round. stick with cramer. tomorrow kick off the trading day with "squawk on the street" live from post nine. >> in my lifetime i want to run
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twitter and google and i guarantee higher eps. [ laughter ] >> really? >> yes, let me run those companies it all starts at 9:00 a.m. eastern. ♪ grind virtually any kind of food waste into an unending source of electrical power for a city? when emerson takes up the challenge it's never been done before simply becomes consider it solved. emerson.
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sometimes people discover a drug so powerful it can give you multiple years of monster gains. check rcpt. the stock that's more than quad droop led in 2014 thanks to fabulous data about the main drug candidate for multiple sclerosis but up that much this stock had much more room to run. we spoke to the ceo on january 15th another 20% quick gain.
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you know what though? it's not done. i think the upside here remains enormous. it's all about the drug that could potentially have multiple indications each worth billions of dollars. the drug is in phase three trials as an oral treatment for ms. the data indicates it is better than glrks than glenya. $2.6 billion in sales and much cleaner safety profile. you can see it doing 2 to $3 billion in sales down the road. fda willing, of course. second it is also being studied for a host of auto immune conditions. we got phase two data for coal lie -- colitis and lupus. do not take it from me let's go back to the well and check in with the president and ceo of.
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welcome back. >> thanks for having me back. >> since we seen you last you presented spectacular data at your touch stone trial in spain and your bottom line i'm quoting you, the bottom line is we believe it can be the best in class oral therapy for colitis and potentially krons disease. we spent most of our time on ms. it looks like these results are spectacular for these indications. >> right. we're really happy with the data. we just resented this at a large european crohn's disease and colitis meeting and the reception was very strong by neurologists and key opinion leaders. this data has the potential for first in class and best in class as you mentioned but also importantly, bring an advance for physicians because this is also a once daily oral pill and
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certainly this disease and the patients living with this disease really need new options. >> let's talk about that because break down in the trial and there is a lot of prize about the trial in this fantastic report of february 23rd when is a conference call you said there is a clinical remission data that shows between 7 -- well 17.9 for you and other guys are 7.2 to 11.2 other drugs mentioned. is that hard to beat this thing that you have that still, still that low of remission rate, huh? >> yeah so the way the end points work in this particular disease and trials that we design, jim, are around a number of end points, clinical response, clinical repigsmission and healing. that's an objective view of the mucoza to determine the drug is making a difference in the lining of the intestine and on all of those points we were
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statistically significant and the end point that we were really excited about was the healing end point because that is the most objective of the end points because you're visualizing the change in the lining and so with that i think it's fair to say this data is as good as it gets certainly as good as any of the liebuy logics and mostly jim, it's treated by early onset treatment by steroids or immune suppressants and patients don't have a lot of options that are either iv, intervene use intervenous dispensed and importantly, the safety profeel seems to be a real improvement for patients with this disease. >> i thought it was interesting you talk about the other ways and steroids you can't take for
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more than a few days before it does damage. yours sounds like it's longer lasting to help the patient than anything else on the market now sgh . >> we'll have to see about the maintenance and we'll look at some later in the year. you're right. steroids, long-term steroid use is did i have skpult creates safety concerns we the reality is that about 50 to 70% of the patients will flair within about a year. so they are not very durable and once thoeps once those patients flair, they move on to high-powered buy logics and 1/3rd don't respond and the ones that do over 50% won't have a durable response. again, that speaks to the unmet need. >> let's talk about the unmet need. glen is a huge winner a couple billion dollars but the drugs we're talking about today, the indication about today, many
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more millions of people suffer right? >> that's right, jim. we've been known up to this point in time as really an ms company, multiple multiple sclerosis company companycome company company. there are three times as many patients from ibd and inflammatory bowl disease importly recognizes that it breaks down into two types of diseases and a spectrum of diseases. our phase two data was a colitis but there is success that will work in crohn's disease and we expect a study this year. >> we haven't seen a drug that can do this many things. i hope the fda agrees with me. thank you, you are the president and ceo of receptos.
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one of the greatest performing stocks and i don't think it's done. thank use for being on the show. >> thank you, thank you for having me back. >> guys this is real. receptos is exciting. "mad money" is back after this. if you want to succeed in business, mistakes are a luxury you can't afford. that's why i recommend fast reliable comcast business internet. they know what businesses need. and there's a no-mistake guarantee. if you don't like it, you have thirty days to call and get your money back. with comcast business internet you literally can't mook a mistick. i meant to say that. switch today and get the no mistake guarantee. comcast business. built for business.
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let me talk to you about retirement. a 401(k) is the most sound way to go. let's talk asset allocation. sure. you seem knowledgeable professional. would you trust me as your financial advisor? i would. i would indeed. well, let's be clear here. i'm actually a dj. [ dance music plays ] [laughs] no way! i have no financial experience at all. that really is you? if they're not a cfp pro you just don't know. find a certified financial planner professional who's thoroughly vetted at letsmakeaplan.org. cfp -- work with the highest standard.
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over 20 million kids everyday in our country lack access to healthy food. for the first time american kids are slated to live a shorter life span than their parents. it's a problem that we can turn around and change. revolution foods is a company we started to provide access to healthy affordable, kid-inspired chef-crafted food. we looked at what are the aspects of food that will help set up kids for success? making sure foods are made with high quality ingredients and prepared fresh everyday. our collaboration with citi has helped us really accelerate the expansion of our business in terms of how many communities we can serve. working with citi has also helped to fuel our innovation process and the speed at which we can bring new products into the grocery stores. we are employing 1,000 people across 27 urban areas and today, serve over 1 million meals a week. until every kid has built those life-long eating habits, we'll keep working.
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>> listen up this is a ll version of the lightning round in honor of the lamas on the lamb and now, it is time it is time for the lightning round. buy sell buy, sell sell and then the lightning round is indeed over. are you ready? let's go to chris in georgia, chris? >> good evening mr. cramer. >> yes? >> caller: and a big boo-yah from army warren officer community. my stock is arrowhead research. >> here is my problem. it's always a bribe. we'll stick with the trade and true semis, i give you cypress
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semis, see why. bernard in texas, bernard? >> caller: jim, i like your opinion on whether i should either buy a restoration hardware at current prices or visit or invest the money in a trip to brooklyn to visit a famous mexican restaurant. >> let's look if you go to san miguel it will cost you the $22 for some beers and short rib tacos. restoration hardware is a long-term play. we will not play it quarter to quarter because it's limplimping. own it and stay with the guys and i might buy it later tonight. i might buy some you know my favorite margearita they make there. >> let's go to mark in new york. >> caller: i don't think anybody loves their job as much as you do jim. >> no, they don't. >> caller: tell me where
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veriphoen is going. >> they are a winner. bob in new york bob? >> caller: jim, you have got a great staff, just wanted to let you know that. >> i do have a great staff. ten years together it starts getting, you know, like they got to get their act together. what's up? >> caller: jim, you talk about stocks to own and trade, is kroger a stock to own? >> you know what name pops up that those respect, it's kroger. the straight line stocks have have been coming in but yes, i think kroepgger is the one to own. whole foods is back in renaissance mode. if you want a little growth whole foods may have it. dennis in washington, dennis? >> caller: yes, jim, boo-yah from seahawk country. >> we like the seahawks. i would, of course, have given the ball to him but that's all right. >> caller: wanted your opinion
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on qrvo. >> a great combination. we like that. we like stanley -- sorry, sky works and avago. these pieces that go cell phones are still doing well. they all have some risk but doing well. i need to go to joe in dallas joe? >> caller: jim, a multitude of boo-yahs to you, sir. >> man, i like that. thank you very much. >> caller: epam is my interest. >> any time i see, even though it's outsourcing, any time i see outsourcing, i want low risk and e business, i'll say it's a sales force and how about we go to jim in philadelphia, jim? >> hey mr. cramer big boo-yah from south jersey. >> i'm loving it. what is going on? >> i wanted to say my father and brother, we're a huge fan of your help and appreciate it.
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we want to know if we should sell or buy go pro? >> that was a great trade into the holiday season. it went, came and went and we don't look back. now it's just what we call a football stock all over the map. no thank you. how about alex in georgia, alex? >> caller: hey, jim. >> alex. >> caller: big boo-yah from atlanta. >> great. >> caller: so i'm 18 years old. why was 12 i purrchased apple and 3 m. i'm concerned about the gm. it seems like it levelled out. what do you think? >> ain't good to lean. think big. this guy is thinking big and win income every market he is in other than maybe band aids and might argue that because i like the band aid division of johnson & johnson. do not sell. i'm a buy, buy, buy. let's go to bob in florida, bob? >> caller: how are you doing? >> well, how are you? >> caller: i know you don't care
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for oil stocks now but i just bought some eca. >> really? >> caller: good, bad or ugly? >> i wish you hadn't done that. i wish you hadn't done that. look, that's bad balance sheet, bought at the top. the only thing i like is pronouncing cannon makes fe ss me feel like a proud philadelphiaen. that's the conclusion of the lightning round. the lightning round is sponsored by td ameritrade.
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we've all seen how oil can be a slippery slope but just as dangerous as the commodity has been there is something else lurking that could be more damaging. you might be enjoying the cheap gasoline but you can fill up your tank with one stock, you could be in for trouble if that part of the market gets pancaked as what happened with oil. that's why we play in my diversified. you tell me your top five portfolios and i'll tell you if you need to mix it up and there are a lot of people that own nothing but oil. that's what we try to prevent. am i diversified, love the show and the crew of course disney apple, starbucks whole foods and facebook. hashtag mad tweets. let's look at this group.
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whole foods is coming right back absolute natural organic and i like white wave and starbucks fantastic and retail facebook is tech but social media and disney's entertainment. entertainment retail tech restaurant, and tech -- well no call them facebook social media that way we get away with that because i don't like that portfolio changed, i want it kept. let's go to mike mike mike in new jersey mike? >> caller: boo-yah jim cramer. this is mike from jersey city new jersey. >> excellent. go ahead, mike. >> caller: oh jp morgan okay verizon, merck, duke energy and applied material. am i diversified? >> wow. i like this. technology company making a major acquisition. i don't know this together could be okay.
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verizon, nice yield and jp morgan chase really good analyst, lapping it up again. duke energy very solid utility. i'm not going to mince words there and america, action owners plus.com a disappointment but stick with it drug utility, bank tellco tech, wow, jersey city has it going. let's go to ken in arizona, ken? >> caller: happy birthday to you. i just had one, too. >> happy birthday to you. >> have you seen the lamas? >> we're talking lama. lama lama on my mind here, go ahead. >> caller: well, i got bp bristol myers, chevron, integrity, teg and johnson & johnson. >> okay. okay. by the way, the symbol for lama should be ll but that's lumber
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lick liquid. bp, ut oh oil and gas, oil and gas, ut oh johnson & johnson and bristol myers drug drug. we can't have that. we'll keep johnson & johnson. we'll swap out bristol myers and swap out british petroleum and put in united health. couple uniteds sitting around talking. that concludes are we diverse pied so stick with cramer. ied so stick with cramer. so stick with cramer. ied so stick with cramer. ied so stick with cramer. ed so stick with cramer. ied so stick with cramer. diversified so stick with cramer.
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so much for a kay at the beach. rips off the rich and powerful for $40 million. tonight on an all new "american greed" at 10:00. i thought that would be a good one but i didn't think it would be this good. mmst goes higher. i would like to say there is always a bull market somewhere. i promise to find it here for you. i'm jim cramer and i'll see you tomorrow. >> tonight on "the car chasers"... i've got my eyes on a horse of a different color. are you ready to part with the ferrari? >> i don't want to sell my ferrari. >> all i got to do is convince the seller to let it go to a better stable. you just let it sit here. >> i've never driven it. >> and that's why it needs to go. and it's crunch time as we gear up to take flat 12 in a new direction. why don't we put on our own car
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event right here in lubbock? but with our own auction looming, all we have to do is find a location, hire an auction house, put together a car show and autocross, and market the whole event. simple, right? i'm jeff allen, and i buy, fix, and flip cars. along with meg, my partner in crime, and eric, our mad scientist, we're flat 12 gallery. my main competition is still my dad, the toughest negotiator i know. this year, flat 12 gallery's

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